This article is written by a collaborative effort from Sandeep Panesar and Albert Laurin, we both own shares of Brunswick Exploration, please do your own research and seek help of a financial advisor if needed.
The world of lithium exploration is abuzz with excitement as several key developments promise to reshape the industry. In this article, we’ll delve into the latest updates and discoveries, highlighting their significance and what it means for the future of lithium production, “we made an amazing discovery at Mirage…we’re building a camp up there…this is a fantastic asset, incredibly amazing intercepts even this early in the game, we already have 52 Metres of lithium bearing pegmatite, thats on the first drill hole…it is something incredible, it is something significant…and it will deliver fantastic results”…Killian Charles.
Betweenplays interview
Betweenplays was privileged enough to conduct an interview with Chief Executive Officer (CEO) Killian Charles of Brunswick Exploration this week. This interview shed light on the industry’s evolving landscape, providing valuable insights into the challenges and opportunities that lie ahead, but also gave us insights into what might lie ahead for the company and the James Bay Area.
We were pleased to be engaged by the likes of John Kaiser making it an integral part of his KaiserWatch Podcast, we have taken a short clip from the segment of KaiserWatch which featured Betweenplays as the integral part of his Brunswick Exploration Insight.
Here’s an excerpt from the clip from KaiserWatch by John Kaiser, “…If you listen to this conversation, you learn stuff that was just not in the press release, and one is that Brunswick is already making preparations to create a winterized camp that will allow them to continue drilling at the start of the new year and Killian made the point unlike with a gold play where you get interesting rocks but you never know what the gold mineralization is going to be until you get the assays, with a pegmatite intersection you see exactly the percentage of spodumene thats in there, spodumene itself is about 6% lithium oxide so you do your distribution, so you get a rough idea of what sort of grade assays will eventually give you and you can also see the geometry start taking shape in front of your eyes on a real time basis so you can adjust your drill pads, move it around and start to figure out what the geometry is, set the stage for serious delineation drilling, so, through his conversation, perhaps inadvertently, Killian Charles communicated to everybody that what we’re seeing in the field but cant really report about until we have assays has got a C, that at Mirage, we have a major major discovery…”John Kaiser, KaiserWatch. (please refer to the clip and the whole show at Mr John Kaisers website).
We are grateful for the feedback and the continued support of Betweenplays by our community and our friends, we appreciate the shoutout John.
It seems The Mirage Lithium Project is quickly emerging as a frontrunner in the race to meet the growing demand for lithium. With preparations underway to set up a camp for an extensive drilling campaign throughout 2024, it’s clear that this project is poised for success with expected drilling results to yield good information to come.
Lithium enthusiasts and investors alike are eagerly awaiting the Mirage project’s drilling results, expected to be unveiled from mid to end October 2023. These findings could hold the key to unlocking vast lithium reserves and play a pivotal role in the companies and industry’s future.
Focus on Spodumene Lithium
Brunswick Exploration, a key player in the lithium arena, is allocating resources wisely. They plan to dedicate 10% of their efforts to building upon their already discovered spodumene lithium deposits, ensuring these proven resources are fully optimized.
Brunswick Exploration’s commitment to innovation shines through as they allocate another 10% of their exploration efforts to uncovering new, untapped lithium deposits. This dedication to discovery is crucial to meeting the ever-increasing global demand for lithium.
Looking ahead to 2024, it’s clear that Mirage will be at the forefront of Brunswick’s efforts, with a staggering 80% of their resources allocated to this ambitious project. This allocation underscores the immense potential they see in Mirage and their determination to capitalize on it which is why they are setting up camp!
The lithium space is evolving rapidly, driven by exciting developments such as the BRW’s Mirage preparations and upcoming drilling results and Brunswick’s strategic resource allocation. As the world transitions towards cleaner and more sustainable energy solutions, lithium remains a vital component, and these developments pave the way for a brighter, more electrified future.
The October Patience index
By mid October to the end of October we will be awaiting the drill results, we will also be awaiting a listing to the ASX, the next three weeks will be a nail biter for anyone that understands the mining space and the importance of lithium for decades to come, here is how I see the next three weeks, this week we will have uncertainty which brings a lot of disagreements and arguments, next week we fall into the zone of awaiting results and this is the week where people will take a position awaiting the drill results even if its not reflected in the stock price, if we do not get any news in the week of the 16th, we then head into the week of the 23rd and this is the week that all those that HODL will be anxiously watching their phones on a per second basis, going into the stock rooms looking for a friend to hold onto for emotional support before the stress sends them to the paddy wagon. For all those sitting on cash, waiting to buy, to get the best opportunity to make investor profit, they’ll be sitting in diapers, with their fingers on the buy button screaming at their radio to shut up so they can concentrate better!
WHAT IS GOING ON WITH PMET
PMET has been dropping, the question is why?!
Is it because of the warrants to come out in December or is it due to the lithium spot price dropping or is it because we are right around the corner of finding out we have another major discovery and no one is waiting to get their money out of PMET at the last minute to then invest into BRW. That is the name of the game, if a major is made at BRW, I’m expecting a spike is made based on valuation and FOMO, this is not FOMO on my part but my opinion of what I’ve learned about the stock market and life, people that take advantage of their opportunities will do just that.
I know if I had millions of shares in PMET at 0.30$ with such a potential major announcement from BRW around the corner, there is no way I would not adjust accordingly and that goes for any company in my portfolio and what I am saying is not an attack on PMET, I think they have one of the best world wide assets ever and that comes from the horses mouth and no one can disagree but we’re not talking about that, we’re talking about Investors knowing an industrial space looking to capitalize on investment strategy.
Some people across chatrooms are worried that PMET is dropping in price, this means absolutely nothing in the short term and it is highly possible that some of those people know that but want to create FUD in order to create anxiety in the lithium space so they have the best advantage to get in low and the sell high. In my opinion and this is just an opinion, pease do your own research, people are just positioning themselves for other ways to make big capital gains and then the pendulum swings back.
Conclusion
Let us not forget the Billions being poured into Quebec setting itself as a major world wide player in the EV world industrialization, therefore companies in the James Bay area having anything of value benefits from location!
We would say keep an eye out on developments in the Energy Transition space; Electric Vehicles, IOT, Energy Storage Devices for homes or other, cradle to cradle societies and so much more including Nuclear Fusion (yes yes, its 20 years away lol), we as humans have always evolved through the ages, the age of energy is upon us.
The energy space is about to get really hot when it comes to electric vehicles, charging infrastructure, mega battery factories, and other uses for lithium and Quebec setting themselves up as a world player in the industry.
This will change not only the automotive industry, but it will reshape the way we use resources on the planet as we await the fact that from our latest interview with Killian Charles, the possibility that a mirage may become an Oasis!
This is one mover to watch.
ALWAYS REMEMBER THE BETWEENPLAYS MOTTO SINCE ITS INCEPTION: RESEARCH, PREPARE, PLAN EXECUTE!
